Orrell Capital Management employs an active portfolio approach to the precious metals mining industry. We allocate portfolios to include the largest capitalized companies in the sector along with smaller percentages in mid-cap and small-cap companies. We believe this strategy allows for full participation in the industry in order to maximize total rates of return. In evaluating companies, we seek value within the industry and companies exhibiting strong growth profiles. Further, it is our belief that overall country risk of portfolios be taken into consideration at all times in order to limit portfolio risk and to seek out special growth opportunities within the precious metals sector.

We concentrate 40% of our analytical time on economic and monetary research. To ensure we have a comprehensive understanding of the major trends in gold prices, our investment research emphasizes a thorough analysis of both domestic and international events and their impact on the major capital markets. The remaining 60% of our analytical time is directed at fundamental analysis on individual companies. We include management interviews and site visits to operations as part of our serious fundamental analysis that we believe enhances our ability to produce favorable rates of return for our clients.